Latest Updates Around The World
Earlier this week, Cathie Hout emphasized the increasing competition for Nvidia Corp (NASDAQ:NVDA) as ARK Investment Management predicts that custom AI chips could control more than a third of the computer market by the end of the decade. ARK sees custom silicon reshaping the AI computing market Frank Downingsaid ARK’s research director for the next-generation […]
On Monday, Metaplatforms, Inc. (NASDAQ:META) said it was halting the release of a chatbot product after internal testing showed high failures in blocking harmful content involving minors. Red-Teaming results emerge in court The revelations emerged in a lawsuit filed by New Mexico’s attorney general Raul Torrez to Meta. Court testimony from a New York University […]
The Russian government reportedly tried Wednesday to block WhatsApp completely in what the messaging service called an attempt to drive users to a state-owned surveillance app, according to WhatsApp, which is owned by Metaplatforms Inc. (NASDAQ:META). “Trying to isolate more than 100 million users from private and secure communications is a step backwards,” WhatsApp said […]
A congressman who bought shares of Magnificent Seven in 2025 has announced his first stock purchases of 2026. Here’s a look at the latest purchases and how they compare to recent transactions. Cleo Fields shopping list 2026 Congressman Cleo Fields (D-La.) was one of the largest stock traders in Congress in terms of dollars invested, […]
Oracle Corp. (NYSE:ORCL) is reportedly preparing a massive capital raise of up to $50 billion to accelerate its cloud infrastructure expansion. Oracle is targeting up to $50 billion to expand cloud capacity On Sunday, Oracle said it plans to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure. […]
Michael Burrythe investor who gambled on the US housing market during the 2008 financial crisis has turned bearish Oracle Corporation (NYSE:ORCL). Burry announced his ownership of put options on Oracle stock in a Substack after after markets closed last Friday. He also disclosed that he had directly shortchanged Oracle over the past six months. Oracle, […]
Michael Burry urged the president Donald Trump and vice president J.D. Vance Friday to accelerate a $1 trillion nuclear power and grid expansion plan to feed rising AI-driven electricity demand, arguing it is the only way for the U.S. to compete with China and sustain long-term growth. Burry calls nuclear energy a strategic necessity In […]
Despite warnings of inflated valuations, leading AI investors argue that the current wave of artificial intelligence is driving unprecedented innovation and attracting top talent from tech giants. AI bubble seen as a catalyst for innovation and talent migration At the Fortune Brainstorm AI conference, Steve Jang by Related companies And Cathy Gao by Sapphire companies […]
White House AI and Crypto Czar David Zaks has rejected the narrative that artificial intelligence is a threat to the American workforce, citing new data from Vanguard that suggests the technology is currently a major driver of hiring and wage increases. The US Department of State approved an $11.15 billion arms sale to Taiwan, the […]
Reddit (NASDAQ:RDDT) has taken legal action against Australia’s social media ban on under-16s, arguing it goes against free political discourse. High-stakes conflict over app ban On Friday, Reddit challenged Australia’s ban on social media for young teens in the country’s highest court under the new Social Media Minimum Age (SMMA) law. The ban, which was […]
